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Bearish Pennant

Chart

Bearish continuation with sharp decline (flagpole) followed by small symmetrical triangle consolidation.

Success Probability:

81%

Pattern Visualization

How to Identify

Strong downward move (flagpole)
Small symmetrical triangle forms
Converging trendlines
Breakdown resumes downtrend

Trading Tips

Strong continuation. Short on breakdown. Stop above pennant. Subtract flagpole length for target.

Bearish continuation with sharp decline (flagpole) followed by small symmetrical triangle consolidation.

Trading Strategy

Strong continuation. Short on breakdown. Stop above pennant. Subtract flagpole length for target.

How to Identify

Strong downward move (flagpole)
Small symmetrical triangle forms
Converging trendlines
Breakdown resumes downtrend

Risk Management

With a 81% success probability, this pattern offers strong reliability for trading decisions. Maintain standard position sizing.